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20130228
Search Results 0 to 6 of about 7 (some duplicates have been removed)
in the ancient city. a balloon carrying 21 people crashed into a field. 19 people died. a witness told nhk a fire broke out and burned half of the balloon's basket. he says he saw the pilot and a passenger jump out. he says the balloon rose higher as the flames spread. then it crashed into a sugar cane field. civil aviation minister wai al madawi visited the site of the accident. he says a committee from the ministry will investigate. luxor provincial officials say four japanese are among the dead. a japanese travel agency confirmed they're two married couples from tokyo. the casualties also include touris from britain and hong kong. >> translator: the basket of the doomed balloon was engulfed in flames within seconds. >> luxor is located about 500 kilometers south of cairo. it's one of egypt's most popular sightseeing areas. the city has ancient ruins such as the valley of the kings and the karnak temple along the nile river. the head of the travel agency in cairo points out that severe competition among balon operators for a diminishi nuer o touristsay he contributed to the incident. >> transla
is that the price gains were widespread throughout the nation-- 19 out of 20 cities posted increases. the lone exception was new york city, where prices dipped a half a percent. there was more data today reaffirming the housing market recovery. new home sales surged almost 16% in january, lotore an expected and the biggest jump in nearly two decades. so what's behind the turnaround in the housing market? >> the biggest factor is just the fact that prices have fallen to such a level that there are enough willing buyers that see value in this market to come in and basically provide a floor. >> reporter: in fact, investors continue to purchase about nearly one out of every five homes. many real estate experts predict home prices will continue to rise this year, fueled by a dwindling number of properties on the market. in january, the supply of homes for sale fell to its lowest level in nearly eight years. for most people, the biggest impediment to buying a home is not credit score or income. >> it's down payment. most people don't have enough spare cash laying around that they are able to qualify
by the following. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. from our studios in new york city, this is charlie rose. >> charlie: john done a hoe is here. he became ceo of ebay in march of 2008 but he is not a founder of ceo like zucker man, page. he rose to the ranks before moving to ebay. under his leadership ebay has gone from strength to strength including a 75% rally in share price. the company started off as an on-line auction house but it became a giant of e commerce. 70% of itssales and also owns pay pal an on-line payment system. i am pleased to have him here at this table. welcome. >> thank you, charlie. a pleasure to be here. >> charlie: my pleasure. so when you arrived at ebay and had the kinds of responsibilities you had before, what did you see? >> well, the fascinating thing about technology businesses in the internet is that a company can become a global brand and get global reach in a stunningly quick period of time. that's what e-bay did in its first five to ten years. he became a glal phenom in a stunningly short period
by rose communications from our studios in new york city, this is charlie rose. >> rose: in less than four days $85 billion in aubling spending cuts will begin to ripple through the u.s. onomy. the impact will be felt across society from education, to medical care to national defense. the sequester deadline imposed in the summer of 2011 was intended to sharpern the government's focus on the fat debt. president obama pushed for a last minute compromise to lessen the economic damage. >> these impacts will not all be felt on day one. but rest assured the uncertainty is already having an effect. companies are preparing layoff notices. families are preparing to cut back on expenses. and the longer these cuts are in place, the bigger the impact will become. >> these cut does not have to happen. congress can turn them off any time with just a little bit of compromise. >> rose: steve rattner has had a distinguished career in journalism, business and government, instrumental in turning around the automobile industry, and currently chairman of advisors and the economic analyst for msnbc's morning jo
power, and kansas city declared an emergency. the storm had already battered the texas panhandle. winds there reached hurricane force, and piled drifts more than two feet high in some places. negotiations on iran's nuclear program restarted today for the first time in eight months. the two-day talks opened in kazakhstan. the u.s. and other world powers offered to ease some international sanctions, if iran will limit activities that could lead to nuclear weapons. . >> it addresses international concerns on the exclusively peaceful nature of the iranian nuclear program but it's also responsive to iranian ideas. we hope very much that iran will seize this opportunity and come to the talks with flexibility and a commitment to make concrete progress toward building steps. >> sreenivasan: in response, iran said it will make a counter-offer during the talks. in egypt, at least 19 people were killed in one of the deadliest ballooning accidents ever. a hot air balloon carrying touris caught fire over the ancient city of luxor and crashed in a field. the dead were from europe and asia. in additio
funding provided by these funders:. >> from our studios in new york city, this is charlie rose. >> rose: jay fishman is here, he is is the chairman & ceo of travelers. it is one of the nation's leading providers in property & casualty insurance. travelers has also been a leader in corporate america to help educate the public at america's debt crisis. the company recently partnered with public television on a documentary underscoring the urgent challenge ahead it is called overdraft and here is the trailer. >> some people understandably say this is sort of dry subject, dollars, cents, debt. what's it mean to me. if i read the mathematics right it means everything. >> i really genuinely believe this threatens the fundamental economic security of the united states. >> a lot of the democrats are mad because they say well, this is mostly caused by the republicans. without cut taxes and increased spending. the problem for the democrats is that if you look at the next ten years, most of it will be caused by things we care about. >> all of us are invested in this democracy. we are to the going
Search Results 0 to 6 of about 7 (some duplicates have been removed)